Hastings Entertainment reported fourth quarter and full year results Monday morning. For the quarter, the company reported net income of $1.2 million, compared to a loss of $8.4 million a year ago, with an overall loss of $9.3 million, nearly cut in half compared to the $17.6 million the company lost in 2011. Overall book comps dropped 4.5 percent for the quarter, compared to a 2.4 percent increase at the same time last year, “primarily due to decreased sales in new and used books and magazines, partially offset by strong holiday sales of Nextbook tablets.” (Without digital sales, book comps […]
